12 Feb Staying in Touch – February 2025 Newsletter
Staying in Touch – February 2025 Newsletter
Read the full issue of Staying in Touch – February 2025
Happy February & Valentines Day!
As we move through February it is always interesting to start to try and analyze the Ottawa real estate market. We have different challenges to face but there are pluses to help us all.
For those who have a home we congratulate you for making that investment. Think of your home like an RRSP, contribute to its maintenance and updating each year to protect your investment.
For those who are preparing to purchase in the near future, you have the benefit of bank rates decreasing, new mortgage reforms and first time buyer rebates. We have stressed to our clients that it is important to enter the market place sooner than later, it may be not the perfect home but is is a good foundation to start.
Our advice to those looking to purchase, look at a number of communities, don’t narrow your search too much too quickly, land value in some areas is higher and you may be able to purchase in a neighborhood close to your prime choice for a price you can afford.
This month we’ve included:
- An Update on the Ottawa market and Mortgage information: Understanding the Costs Factored in During a Mortgage Pre-Approval in Canada
- Articles: Start the Year Off Fresh – Declutter & Donate!, Closing Costs and Budgeting for Your Home Purchase, What is the Market Value of Your Home?
- Market news and community events to enjoy in our city, including lighting the city red in support of Heart Month and the many winter festivals & activities in greater Ottawa
Feel free to contact us with any questions, we would love to hear from you.
Joan, Victoria & Luc
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